KeyCorp’s stock is downgraded even though the earnings outlook improves as NIM expands. Learn more about the bank.
KeyCorp (NYSE:KEY) is one of the new stocks David Tepper has bought. As of December 29, the average price target for KEY ...
KeyCorp's shares increased by 4.1% on Wednesday after presenting solid Q2 earnings. The bank's Q2 net interest margin fell from 2.47% to 2.12% due to higher deposit costs, but it also saw deposit ...
RBC Capital analyst Gerard Cassidy maintained a Buy rating on KeyCorp (KEY – Research Report) on January 19 and set a price target of $22.00. The company’s shares closed yesterday at $18.07. Cassidy ...
Falling rates may pressure margins, but KEY expects net interest income to grow as funding costs ease and loan volumes rise.
Local bank stocks in the US have been among some of the most watched over the past few years. This is because of high interest rates, which offer banks the ability to make more money but also create ...
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What you need to know ahead of KeyCorp's earnings release
With a market cap of $22.9 billion, KeyCorp (KEY) is a U.S.-based bank holding company for KeyBank National Association, ...
In a recent analyst note by Goldman Sachs, the outlook for several regional banks were evaluated. The banks examined include KeyCorp, M&T Bank Corp, among others. Volatility can create massive trading ...
KeyCorp.’s stock jumped 19% early Monday, after the regional bank said it agreed to sell a 14.9% stake in itself to The Bank of Nova Scotia for about $2.8 billion. The price for the KeyCorp stake of ...
The Bank of Nova Scotia is investing $2.8 billion in KeyCorp, a deal aimed at fixing the latter bank's profitability woes while enabling the Canadian lender to step into the U.S. consumer banking ...
KeyCorp has seen its stock fall about 40% this year. Since the start of the banking crisis in March, large and super regional bank stocks have been hit especially hard. The SPDR S&P Regional Banking ...
KeyCorp is a regional U.S. bank. The basic business involves taking in deposits and lending out money. Rising interest rates are leading to notable cost increases in this very important metric.
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